MERCHANTS BANCORP IND

Ticker: MBIN CUSIP: 58844R108 Class: Common Stock

Black Maple Capital Management LP's Holding History (CIK: 0001588959)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 82,092 Value ($000) $2,796 Avg Close $32.77 Range $30.29 - $37.36

Q3 2025

Shares 129,097 Value ($000) $4,105 Avg Close $32.65 Range $28.58 - $35.81

Q2 2025

Shares 101,100 Value ($000) $3,343 Avg Close $32.10 Range $27.01 - $37.44

Q1 2025

Shares 79,481 Value ($000) $2,941 Avg Close $39.01 Range $33.76 - $43.31

Q4 2024

Shares 17,557 Value ($000) $640 Avg Close $39.88 Range $35.07 - $46.13

Q1 2024

Shares 14,102 Value ($000) $609 Avg Close $41.00 Range $37.37 - $47.69

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	82,092	$2,796	$32.77	$30.29 - $37.36
Q3 2025	129,097	$4,105	$32.65	$28.58 - $35.81
Q2 2025	101,100	$3,343	$32.10	$27.01 - $37.44
Q1 2025	79,481	$2,941	$39.01	$33.76 - $43.31
Q4 2024	17,557	$640	$39.88	$35.07 - $46.13
Q1 2024	14,102	$609	$41.00	$37.37 - $47.69